Hi CeeJay,
Thanks for the update !!!
Sounds like things are going to "drift along" for a bit even though it is slowly getting colder.

Heating Demand is about the only thing that is going to drive consumption at the moment.

It seems producers and storage fields are still bringing enough gas to market to provide a bit of an excess and price keeps dribbling down.

There are still a fair number of nuclear units offline that could be brought back up. It's starting to look like the current power demand can be readily met with the "easily throttled" CS units at current prices. It looks like some "extra time" is being taken on maintenance while the opportunity exists.

Bringing the nuclear plants back up will further depress Ng price, and one might wonder why the Electrical Utilities wouldn't want that.

I'm guessing a bit here, but they may be reasonably happy with current price given that they must have longer term contracts at higher prices that they have to burn off as well. If market is depressed too much it may force a curtailment of production that leads to a price surge that they do not want !!!

Then to go a bit further, I suspect the local distribution companies (that provide residential heating) do not stack up all that well against the power utilities in consumption.

Seems to me that the Electric Power Utilities might be inclined to "walk on water" a bit and keep prices more or less stable AND LOW.

Just some thoughts. They could be running those Nuclear plants "full bore" but they are NOT !!!!

Lee